Welcome and thanks for reading!
In this review, I will make a summary of important and interesting news and events over the last week related to my portfolio holdings. Also, I will put together some interesting articles from other websites that caught my attention during the past week.
Received Dividends:
August 29, 2022
- € 18.07 – Eaton Corporation (ETN)
August 31, 2022
- € 14.08 – LTC Properties, Inc. (LTC)
September 1, 2022
- € 34.27 – Ahold Delhaize N.V. (AMS:AD)
- € 108.38 – Intel Corporation (INTC)
- € 8.17 – WEC Energy Group, Inc. (WEC)
- € 41.01 – Pinnacle West Capital Corporation (PNW)
- € 10.33 – ConocoPhillips (COP)
- € 73.63 – United Parcel Service, Inc. (UNP)
- € 22.27 – Aflac Incorporated (AFL)
- € 2.78 – Visa Inc. (V)
- € 33.53 – Magna International Inc. (MGA)
September 2, 2022
- € 42.69 – Fortis Inc. (TSE:FTS)
- € 40.51 – Canadian Utilities Limited (TSE:CU)
Week 35: Total net dividends € 449.72.
Dividend income is reported after the deduction of taxes. Check more at my Monthly Dividend sheet.
My Portfolio's Transactions:
August 31, 2022
- I purchased 20 shares of Best Buy Co., Inc. (BBY) at $ 71.48 per share plus commission.
- I purchased 10 shares of Medifast, Inc. (MED) at $ 125.15 per share plus commission.
September 1, 2022
- I purchased 50 shares of Ares Capital Corporation (ARCC) at $ 19.55 per share plus commission.
Portfolio Holdings News:
August 29, 2022
- NCC AB (NCC) to construct an additional 191 apartments in Espoo; NCC is continuing its partnership with NREP in the Niittykumpu district of Espoo, in the Finnish capital region. The parties have signed a contract for an additional 191 apartments, which will be the third phase in the area. The order value is approximately SEK 260 million.
- Lockheed Martin Corporation (LMT) awarded a $503.72M firm-fixed-price order (N0001922F2291) against a previously issued basic ordering agreement (N0001921G0017).
- Raytheon Technologies Corporation (RTX) has been awarded a $176.98M firm-fixed-price, ID/IQ contract for High Frequency Global Communications System (or HFGCS) – Scope Command Next Generation.
- Medical Properties Trust, Inc. (MPW) Announces Agreement for LifePoint Health to Acquire Majority Interest in Springstone; MPW announced that a subsidiary of LifePoint Health, Inc. has agreed to acquire a majority interest in Springstone Health Opco, LLC from the current management group based on an enterprise value of $250 million.
August 30, 2022
- The Kraft Heinz Company (KHC) Announces Agreement to Sell B2B Powdered Cheese Business; KHC announced that it has entered into a definitive agreement to sell its B2B powdered cheese business to global food, beverage and pharma manufacturer Kerry Group. The proposed transaction is expected to close in the second half of 2022, subject to regulatory review and approval. Financial terms were not disclosed.
- Best Buy Co., Inc. (BBY) Reports Second Quarter Results; BBY reports second quarter Non-GAAP EPS of $1.54, a 48.3% decline from last year but $0.25 ahead of estimates. Revenue of $10.33 billion exceeds analysts' estimates by $80 million, despite a 12.8% decline compared to the same quarter last year. For FY23 Management expect comparable sales decline in a range around 11% and to Q3 FY23 that our comparable sales will decline slightly more than the 12.1% decline we reported for the second quarter.
- Raytheon Technologies Corporation (RTX) awarded $971.18M contract by Air Force; Raytheon Missiles & Defense, a RTX business, is awarded a $972 million contract for upgraded AMRAAM missiles. This is the first AMRAAM contract to produce an entire lot of AIM-120D3 and AIM-120C8 missiles developed under the Form, Fit, Function Refresh, also known as F3R, which updates both the missile's hardware and software.
- Air Products and Chemicals, Inc. (APD) and Associated British Ports partner on Renewable Hydrogen Production; APD announced their intention to partner in bringing the first large scale, green hydrogen production facility to the UK. The facility would import green ammonia from production locations operated by Air Products and its partners around the world.
August 31, 2022
- Lockheed Martin Corporation (LMT) awarded a $121.57M firm-fixed-price contract for the purchase of Modernized Target Acquisition Designation Sight/Pilot Night Vision Systems components and hardware for the Apache attack helicopter.
September 1, 2022
- Neste Corporation’s (NESTE) acquisition of Irish Walco Foods closed; In July 2022, NESTE announced that it would acquire Walco Foods, an Irish trader of animal fats. The acquisition has been approved by regulatory authorities, and the transaction has been closed.
- NCC AB (NCC) to extend senior high school in Västerås; Together with the City of Västerås, NCC will extend Carlforsska senior high school in Västerås. The extension will meet the growing school’s needs and challenges. The contract is a turnkey project in partnering form, and is valued at approximately SEK 150 million.
September 2, 2022
- NCC AB (NCC) to build retirement home in Denmark; NCC has been contracted by Hjörring Municipality to build a new retirement home in Sindal, Denmark. The property will accommodate 96 residential units and common service areas. The order value is approximately SEK 230 million.
Articles that caught my attention:
- Undervalued Dividend Growth Stock Of The Week: Omnicom Group (OMC) by Jason Fieber, Mr. Free at 33, at Daily Trade Alert
- The difference between trading and investing by Liquid Independence at Freedom 35 Blog
- 4.8%-Yielding Dividend Aristocrat V.F. Corp Is A Buy by Ian Bezek at Seeking Alpha
- ONEOK: 50 Years Of Dividends, Yielding 5.77%, Could Be Prime For An Acquisition by Steven Fiorillo at Seeking Alpha
- Kili and Investing [Podcast] by DivGuy at The Dividend Guy Blog
- Guide to Investing in REITs for Income by Simply Safe Dividends
- Investment Review - EOG Resources by Passive Income Pursuit
- Dividend Stock Watch List: Lanny’s September 2022 Edition by Lanny at Dividend Diplomats
- Dividend Aristocrats In Focus: 3M Company by Josh Arnold at Sure Dividend
- AT&T Vs. Verizon: Which 6%+ Yield Is Better? by Jonathan Weber at Seeking Alpha
- Waste Management: Trash Is Cash by Passive Income Pursuit at Seeking Alpha
- Kilroy Realty (KRC): Undervalued REIT and 4.2% Yield by Dividend Power
- Realty Income Corp (O) Dividend Stock Analysis by D4L at Dividend Growth Stocks
- Cisco Systems (CSCO) : Lessons from the Dot-Com Bubble by Dividend Growth Investor
- Top 5 Dividend Growth Stocks for September 2022 by Jason Fieber, Mr. Free at 33, at Daily Trade Alert
- BlackRock: Buy This Monster Dividend Stock Before Everyone Else Does by Kody's Dividends at Seeking Alpha
- 5 Reasons Dividend Stocks are Good for Young Investors Now by Tom at Dividends Diversify
Thanks for stopping by, have a nice next week!
Thanks for the shout-out DH. Enjoy the rest of your weekend. :)
ReplyDeleteThanks for the double mention DH! Hope you had a great weekend although I'm sure you wish you were still out and about travelling.
ReplyDelete